Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 11/14/2018

Past Market Reports

Report Date: 11/14/2018

LM_XB405
Des Moines, IA                 Wed, Nov 14, 2018                USDA Market News

NATIONAL 5-DAY ROLLING CUTTER COW CUTOUT AND BOXED COW BEEF CUTS
USDA ESTIMATE CUTTER COW CARCASS CUT-OUT VALUE - Negotiated Sales - Afternoon

Based on negotiated prices and volume of cow cuts delivered within 0-21 days
and on average industry cutting yields.  Values reflect U.S. dollars per 100
pounds.

                                   Cutter 90%
                                    350#/up
--------------------------------------------------------------------------------
Current-Cutout Value:               $154.05
Change from prior day:              ($0.45)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $190.84        $106.57       ($0.60)
100% lean inside round                      $268.79          $6.24       ($0.03)
100% lean, flats and eyes                   $250.71          $5.82         
100% lean, S.P.B.                           $244.08         $12.20         $0.10
Chuck Tender                                $208.68          $2.09       ($0.02)
Knuckle                   4-7 lbs.          $220.44          $5.58         $0.04
Tenderloin                2-3 lbs.          $426.93          $2.26       ($0.02)
Tenderloin                3-4 lbs.          $462.23          $3.42         $0.04
Ribeye Roll               4-6 lbs.          $266.00          $2.79         $0.04
Ribeye Roll               6-8 lbs.          $293.55          $2.17         $0.01
Ribeye Roll               8up lbs.          $300.00          $2.19         
Flank Steak                                 $287.72          $1.21       ($0.01)
Kidney, Edible                               $18.66          $0.09         
Fat, inedible                                $14.91          $0.35         
Bone                                          $4.45          $1.07         
--------------------------------------------------------------------------------
USDA NATIONAL BOXED COW BEEF CUTS - NEGOTIATED SALES   FOB Plant basis
negotiated sales for delivery within 0-21 day period.

CURRENT VOLUME - (one load equals 40,000 pounds)

Boner/Breaker Cuts                 21.14  loads --              845,765  pounds
Cutter/Canner Cuts                  2.91  loads --              116,599  pounds
Boner/Breaker/Cutter/Canner        24.40  loads --              976,074  pounds
100% Lean Items                    18.39  loads --              735,503  pounds
Frozen Cuts                         1.44  loads --               57,708  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.             41   29,877   $338.41     ($0.84)
112   Rib, ribeye roll, 10-up lbs.            98   78,557   $352.14     ($1.61)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      17   26,958   $444.21     ($2.49)
112A  Rib, ribeye roll-lip-on, 8-up lbs.       8   11,062   $425.21     $107.66
      Chuck, boneless 85%                               
120   Chuck, brisket                          27   59,691   $222.76       $0.86
168   Round, top inside, 10-dn lbs.            5   15,121   $218.26     ($3.46)
168   Round, top inside, 10-up lbs.           14   49,123   $224.13       $0.36
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     23  270,693   $269.40       $0.38
169A  Round, top inside c-off, 14-up lbs.      3    1,794   $275.43       
171B  Round, outside round                     7   13,434   $267.38       
171C  Round, eye of round                     61   85,281   $252.86     ($1.50)
      Loin, Semi-Bnls Short Loin, 13-dn lbs.            
      Loin, Semi-Bnls Short Loin, 13-up lbs.            
180   Loin, strip, bnls, 7-9 lbs.
180   Loin, strip, bnls, 9-up lbs.            23   51,701   $256.99      $27.17
182   Loin, sirloin butt
184   Loin, top sirloin butt                  17   29,514   $212.23     ($2.11)
185A  Loin, bottom sirloin butt flap, bnls.   36  108,969   $286.06       $5.90
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              37  112,205   $293.55       $1.18
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                    12  100,997   $268.24     ($0.31)
      Inside round - Boxed                    20   32,389   $270.51     ($5.33)
      Outside round
      Eye of round                            24   42,494   $251.43     ($4.23)
      Flats and eyes - Combo                  14  134,753   $250.54       $0.88
      Flats and eyes - Boxed                            
      Striploin                               75  293,337   $293.57       $0.22
      S.P.B. - Combo                           6   99,411   $244.08       $2.03
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     46  125,689   $208.68     ($1.95)
167A  Round, knuckle, peeled                  37  220,097   $220.44       $1.38
190   Loin, tenderloin, 2-3 lbs.              14   85,773   $426.93     ($3.98)
190   Loin, tenderloin, 3-4 lbs.              47   97,623   $462.23       $4.96
190   Loin, tenderloin, 4-5 lbs.             122  169,722   $528.92       $6.96
190   Loin, tenderloin, 5-up lbs.             46   42,136   $577.53       $0.88
193   Flank, flank steak                      72   73,848   $295.54     ($3.07)
      Flank, rough                            70  161,186   $245.97     ($0.70)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              3    9,625   $286.20
112   Rib, ribeye roll, 10-up lbs.                      
112A  Rib, ribeye roll-lip-on, 8-dn lbs.                
112A  Rib, ribeye roll-lip-on, 8-up lbs.                
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.               
169A  Round, top inside c-off, 14-up lbs.               
180   Loin, strip, bnls, 7-9 lbs.                       
180   Loin, strip, bnls, 9-up lbs.             4    9,520   $287.65     ($0.61)
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.                        
112   Rib, ribeye roll, 8-up lbs.                       
FROZEN BONER/BREAKER & CUTTER/CANNER
190   Loin, tenderloin, 2-3 lbs.                        
190   Loin, tenderloin, 3-4 lbs.                        
190   Loin, tenderloin, 4-5 lbs.               8   26,209   $477.98       $6.33
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       3    9,384   $226.21     ($1.68)
--------------------------------------------------------------------------------
Source:    USDA Livestock, Poultry & Grain Market News Division, Des Moines, IA
           515-284-4460      email:  desm.lpgmn@ams.usda.gov
           24 Hour recorded market information 515-284-4830
           www.ams.usda.gov/market-news/livestock-poultry-grain
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